Senior Capital Markets Business Analyst with derivatives ( IR Swaps, FX options (FXO), IR options (Cap / floor)) and trade Lifecyle process experience to work with one of our major banking clients-
Location Address : Hybrid (1-2 days per week) - Toronto
Contract Duration : 12 / 09 / to 06 / 6 / (High Chance of Extension)
Schedule Hours : 9am-5pm Monday-Friday; standard 37.5hrs / week
Story Behind the Need :
- Business group : Rates Derivatives Technology Group
- This group deals with majority of rates and the main products include interest rates swaps and options (Swaptions), Callable, Cap / Floor options.
- Projects : Mexico Margin Common changes for BANX regulation -The candidate will be working on an ongoing project helping Mexico group meet their regulatory options mainly focused on initial margin.
Typical Day in Role :
- Gather and understand requirements from our Mexico business and technology groups.
- Design and build / improve new / existing processes.
- Co-ordinate with local (Toronto) development teams to ensure work is delivered on time.
- Liaise with Mexico technology and business stakeholders to ensure deliverable meets their requirements.
- Provide reporting to management on progress, raise concerns and suggest improvements to existing processes.
- Leading the efforts from Toronto office and will be responsible for their own work and certain element of creative control over the solution.
Must Have Skills :
- 10+ years of experience as a business analyst
- Good understanding and knowledge of derivatives, in particular financial aspects such as risk management / systems, P&L analysis, VaR.
MtM. Products include IR Swaps, FX options (FXO), IR options (Cap / floor)
- Good understanding of derivatives trade lifecycle management including trade reconciliation, fixing and confirmations / settlements.
- 5+ years of experience working with technology applications that supported derivatives trade lifecycle processes, including both in-house and vendor solutions (e.
g. Calypso, Murex, ION).
Nice-To-Have Skills :
- Understanding of initial margin fundamentals and knowledge
- Experience with Kafka streaming architecture, or any data lake architecture is a bonus
Education & Certificates :
- STEM degree (e.g. Computer Science, Engineering, or Physical Sciences degree),
- Candidates qualified in CFA would be preferred.
Best VS. Average Candidate :
- The best candidate will not only understand the specific need but also how these fits into the larger picture and if any related changes need to be made
- Having a holistic mindset system that they have supported in their previous organizations.
- 8+ years of Experience with communications with front (FO), middle (MO) and back office (BO) stakeholders.
Interview schedule :
1st round In person preferred, virtual optional - HM 30 mins (Must have skills / work experience / technical aspects and soft skills)
2nd round may depend (specific to financial knowledge)
- In person preferred on Wednesday and Friday